19) Data related to the inventories of Kimzey Medical Supply are presented below: Selling price Surgical Equipment $ 260 Surgical Supplies Rehab Equipment $ 120 $ 340 Rehab Supplies $ 165 Cost 170 90 250 162 Replacement cost 240 80 235 158 Costs to sell Normal gross profit ratio 30 30% 5 25 10 30% 30% 20% In applying the lower of cost or market rule, the inventory of rehab equipment would be valued at: A) $315. B) $247. C) $150. D) $235